High volatility expected Wednesday for the Fed Interest Rate Decision at 2:00 pm and Powell’s 2:30 pm presser. Markets are eyeing potential pivots amid sticky inflation. Thursday at 8:30 am brings critical GDP growth data and Core PCE price index metrics, alongside jobless claims. Durable goods start Monday at 8:30 am, followed by Consumer Confidence Tuesday at 10:00 am. Traders should watch for hawkish Fed signals and growth cooling, ending Friday with Michigan Sentiment at 10:00 am.
Prepare for sharp reversals surrounding Wednesday’s FOMC announcement; prioritize defensive positioning or tight stops. Monitor Thursday’s PCE data for inflation trends that could dictate the Fed's next move, potentially impacting Treasury yields and equity valuations.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.